LeEco chairman’s assets and shares frozen by Chinese court over unpaid debt

LeEco CEO Jia Yueting

A Shanghai court has frozen assets and shares of LeEco chairman Jia Yueting due to unpaid debts, according to a latest report from the New York Times. The court has reportedly frozen 1.2 billion yuan ($180 million) in assets owned by co-founder Jia Yueting, his wife Gan Wei and three subsidiaries.

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